Question: Which answer best describes the resulting effect on wage? a.) The wage rate will fall toward equilibrium (W subscript straight E). b.) The wage rate

Which answer best describes the resulting effect on wage? a.) The wage rate will fall toward equilibrium (W subscript straight E). b.) The wage rate will fall below W subscript below. c.) The wage rate will rise above W subscript above. d.) The wage rate will remain at W subscript above

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